‘No place to hide’ in EM as oil crash smashes bonds

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By Tyler Davies
09 Mar 2020

Emerging market bond valuations were in free-fall on Monday, after a collapse in the price of oil gave investors yet another reason to worry about the global economic outlook.

The price of Brent Crude and WTI Crude fell by more than 20% on Monday, hitting $35.56 and $32.13 per barrel respectively.

The plunge came after Saudi Arabia decided to ramp up its output of crude oil and lower its official selling price — a clear response ...

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